UAE says it dealt with 9 ballistic missiles, 6 cruise missiles and 148 drones
Newsquawk Staff ·
- Stands ready to deal with any threats
What it means
The UAE's announcement of intercepting a significant number of ballistic and cruise missiles, along with drones, highlights escalating tensions in the region. This readiness to address threats could impact energy markets, particularly oil prices, as instability invariably raises risks; watch for potential safe-haven flows into gold and currencies like the USD or JPY.
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- Iran's Foreign Minister Araghchi says sustainable regional security requires collective responsibility, mutual respect for sovereignty and cooperation among regional countries without foreign military intervention
- Egypt and Saudi Foreign Ministers discussed regional tensions
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